The American steel producer Nucor has once again raised the spot price (CSP) for hot-rolled coils by $5 per short tonne compared with the previous week. This is stated in the company’s letter to customers…
ArcelorMittal, one of the world’s largest steel producers, is raising prices for long products (bar steel, reinforcing bars and wire rod) by a further €20/t. This is the second increase following a €25/t…
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks were largely unchanged on week during August 21-27, according to the results of Mysteel's latest…
China's steel prices are expected to stay rangebound in the near term, as expectations for a seasonal demand recovery in autumn and cost-side support may provide upward impetus, according to the latest…
Indian steel companies are set to maintain their operating profitability for the 2027 financial year at 10,500–11,000 rupees ($110–115.5) per tonne, despite rising production costs. This is reported by…
Africa produced 2.0 Mt in July 2026, up 6.1% on July 2025. Asia and Oceania produced 109.4 Mt, down 1.2%. The EU (27) produced 10.5 Mt, up 3.8%. Europe, Other produced 3.7 Mt, up 5.8%. The Middle East…
Crude steel production among China's top 10 steelmaking provinces and autonomous regions declined by 2.7% on year to 416.84 million tonnes over January-July, according to the latest data from the National…
China's rebar output totaled 100.93 million tonnes during January-July this year, posting an on-year decline of 11.2% on year, according to the latest release from the National Bureau of Statistics (NBS)…
Daily crude steel output among the member mills of the China Iron and Steel Association (CISA) rebounded moderately during August 1-10, with the tonnage rising by 5.8% or 109,000 tonnes/day from last…
China's export prices for hot-rolled coil (HRC) had edged down further during the week of August 10-14, with Mysteel assessing the export price of SS400 3mm commercial-grade HRC at North China's Tianjin…
Chinese steel mills need to adopt more systematic measures to secure their raw materials supplies, given the sector's persistently heavy reliance on resources from overseas markets, according to a recent…
The fall in prices on the global scrap metal market, which began in June, continued in July. Depending on the region, the decline ranged from 2.5–8%, or $10–30 per tonne. The sharpest fall was recorded…
